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Retail investor is a type of stock investor ,who invests in the stocks for his/her personal earnings and gains.Retail investors buy stocks in much smaller scale as compared to the companies or businessmen. According to a research,more than 20% of the United States population has invested in stocks.

Basically there are two types of retail investors, one is registered shareholder and other is non-registered shareholder. Registered shareholder is a type of shareholder,who personally holds the stocks of the company.Non-registered shareholder is a type of shareholder,whose stocks are held by the broker.